The MONEY you need for your UNEXPECTED in 2019!

If you are interested in fast loans and small amount, credit Zen is one of the best options currently have Dispon ibles. Do you want to know more about this microcredit company? In that case, keep reading, because we have the best in-depth analysis.

Who is behind this entity? Is it legit Zen Credit?

Zen Credit is an entity based in Barcelona, which offers all the guarantees you may need in a company of this type. Both in security and in the services they offer they have nothing to envy to the rest of the competitors in their sector.

They offer many amenities to those who need a credit urgently. One of them is the speed with which everything happens, since you do not need more than a few minutes to have the money in your account without having to worry about long waits.

Another important point is that of the requirements, which are very few. In fact, this entity is perfect for people who are in the ASNEF for defaults, since it is open to them, who are the most difficult to find new loans and loans.

The convenience of everything being done without paperwork, quickly and online makes the customers the most benefited, and that is noted in the assessments they make about this entity and about the services offered to obtain money.

The Zen Credit mini-loan

The Zen Credit mini-loan

Now that the reliability of this entity has been clear, we can go on to see what the characteristics of its microlending are. You will see how they look great!

  • Minimum amount: € 50: From this amount, it is possible to request a credit for any payment that you have to face and that you can not do at a specific moment because you do not have just there liquidity.
  • Maximum amount: € 500. You can get up to € 500 in this way, although for new customers this is limited to € 300. By returning that first € 300 credit and showing that you meet the deadlines and that the entity can trust you, you can increase the amount when you want to get higher figures.
  • First free credit: Here, this entity offers you something that few do: a first loan in which you will not have to pay interest, but simply return the money that they have lent you. Thus, you can check how they work and if they adapt to what you are looking for in such an entity.
  • Maximum return period: 30 days . At this point they do not differ from the others, since this is usually the usual term for this type of products. Keep in mind that returning € 500 in just 30 days may not be easy, so you should assess well if you need that mini-credit and if you can return it.
  • Minimum return period: 5 days . Within 5 days of requesting your credit, you will be able to get rid of it if you wish and if you have already collected enough money for it. You will only have to return the amount necessary for this process to be terminated and you have fulfilled your obligations after having obtained what you were looking for.
  • Response time: minutes . After requesting the mini credit, in just a few minutes you will have received an answer about whether that request has been accepted or not. So, if it has been rejected, you can keep trying in other entities at the same time.
  • Time until you have the money in your account: 15 minutes . This is one of the advantages of these credits. In a few minutes, you decide that you want one to have the money in your account, as long as your bank is the same as the bank of this entity. It is the perfect option when you have an urgent need for money.
  • Possibility of extension: Another very important point. Although the return period is short, there is the possibility of extending that term. For that you will only have to contact the entity and explain the situation.

Requirements to request it and other conditions

As always when we go to a financial institution, to apply for the mini loan, you must meet some requirements. The requirements to qualify for this mini loan are the following:

  • It is not necessary to have payroll: This already makes things much easier. In the case that you do not have payroll and need this extra money, you should know that with this entity you can get it. You will have to show some other stable income to be granted.
  • No endorsement is necessary: As almost all entities of this type of credit, Zen Credit does not ask for an endorsement. Therefore, you do not have to worry if you do not have an endorsement or if you could have it but you prefer not to.
  • It is possible to request it while at ASNEF: Even if you are on this list of defaults, Zen Credit opens the doors. Those yes, if the debt you have is more than € 1,500, your request will be denied, since that is the limit that this company is marked.
  • It is necessary to be a physical person. Zen Credit does not grant loans to companies. This product is designed exclusively for natural persons. Therefore, although the reason for your request for money is that your company needs it, you must be the holder of the request.
  • Minimum age: 21 years: Although some entities do not have a minimum age as long as you are of legal age, in this case there is such a floor. It is important to look at it if you are young and you are looking for extra money.
  • Maximum age: 65 years: There are not many entities that include an age ceiling for their products, but Zen Credit is one of them. That is, if you spend that age, you should look for the money you need in another entity.
  • It is necessary to have regular income: Although you do not need a salary, you must show that you have stable income and that they will allow you to return the money you have requested. These income can come from the rental of a property, a benefit, a subsidy, a pension … any income that is regular will be worth you.

Procedure to obtain your mini-credit

Procedure to obtain your mini-credit

Once you have clear requirements to have this mini loan, let’s see what is the procedure to get it. As you can see, it is a very simple process:

  1. Online application The credit is requested through its website. All you have to do is fill out a form asking for simple things, such as personal information or the employment situation in which you find yourself.
  2. Once the request is made, you just have to wait for the answer . Quiet, because you will not wait long, usually in 10 minutes you already have a resolution on the acceptance or denial of the request you have made.
  3. If approved, they will proceed to deposit the money in your account. This is done instantaneously if your bank is the same as that of Zen Credit, and it will take between 24 and 48 hours (depending on your bank) if they are different.

As you see, it is a very simple procedure, since one of the aspects that are most valued in this type of credits is immediacy. Since you enter your website until you have the money in your account does not spend more than half an hour, if everything goes normally.

Customer reviews of their microloans

Customer reviews of their microloans

Zen Credit is an entity with good ratings. Mainly, it is valued the speed and convenience of the process , since many customers indicate the short time it took to have in their bank account the money they requested.

They also speak very well of how they adapt to the needs of the client, and of the disposition they always show to help and give facilities so that everything comes out as you wish. In this sense, there are many opinions that speak about the same thing.

There are also positive ratings regarding the amount that can be obtained. € 500 is an amount greater than that of some other entities, with which customers have the advantage here that with that money you can do many things.

Some criticisms come from the fact that there are such restrictive age limits . Some young people and retirees complain that they can not access these loans. Although it is true, it is also true that the vast majority of adults can do so, and that the people who usually claim the most credits are not in those ages.